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AvePoint Announces Preliminary First Quarter 2021 Financial Results and $20.0 million APXT Share Purchase Program


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JERSEY CITY, N.J., April 14, 2021 /PRNewswire/  AvePoint, Inc. ( AvePoint or the Company ), the largest data management solutions provider for Microsoft 365, today announced AvePoint s preliminary financial results for the first quarter ended March 31, 2021. 
Although the Company s first quarter is historically our slowest quarter, the Company has achieved significant growth.  We reported strong first quarter results with subscription revenue growth of 49% year over year at the mid-point of the range, said Dr. Tianyi TJ Jiang, CEO of AvePoint. Over the past two quarters we have made meaningful investments in scaling our go-to-market organization to accelerate growth and capture the significant market opportunity ahead.  Our first quarter results continue the growth momentum we experienced in 2020 and combined with the ongoing ramp of our salesforce, gives us confidence in our outlook for 2021. ....

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Apex Technology Acquisition Corporation and AvePoint Announce Record Full Year 2020 Financial Results


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Apex Technology Acquisition Corporation (NASDAQ: APXT, “Apex”) and AvePoint, the largest data management solutions provider for Microsoft 365, today announced AvePoint’s financial results for the full year ended December 31, 2020.
“The fourth quarter was a strong finish to 2020 for AvePoint, closing out a year of record revenue, non-GAAP operating profit and operating cash flow generation. Our core subscription revenue grew 66% year-over-year, reflecting our unique market position as a leader in digital collaboration, at a time when it is a top item on every CIO’s to-do list,” said Dr. Tianyi “TJ” Jiang, CEO of AvePoint. “As we look to 2021, we believe the significant growth of collaboration workflow deployments in 2020 will translate into greater need for our collaboration security and governance solutions, and we are excited about the opportunity ahead.” ....

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